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Regulating ed-tech firms: will the much-needed guard rails choke innovation?

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Students access e-learning contents on mobile phones during a class at a library in Mumbai on October 17, 2020.

Synopsis

With multiple directives emerging over the last few weeks, ed-tech firms are jittery about their implications. Safeguarding students’ interest is the top priority, but there are questions over the best approach in regulating the sector. While a strong legal framework is necessary for the benefit of all stakeholders, maintaining a conducive atmosphere for innovation is equally important.

“The roots of education are bitter, but the fruit is sweet.” — AristotleIn the age of ultra-fast home deliveries, education as a sector doesn’t provide instant gratification since it takes more than a decade for students to reap the rewards of their efforts. But promises with shades of instant gratification started creeping into education after the pandemic helped ed-tech firms take the centre stage.However, amid all the funding frenzy in the

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